D&O Excess Layer 1

Auto-translated from German

Original title: D&O-Exzedent Layer 1

NBank

Published: May 5, 2026

Updated: May 20, 2026

Source: TED - Tenders Electronic Daily (EU)

This tender has been awarded

Awarded to AIG Europe S.A., Direktion für Deutschland; XL Insurance Company SE, Diretktion für Deutschland; Berkshire Hathaway International insurance — €48,500

Browse open Finance & Banking tenders in Germany

About This Opportunity

D&O-Exzedent Layer 1 — services contract awarded in Germany by NBank. Awarded to AIG Europe S.A., Direktion für (EUR 48K, Apr 2026).

This is a services contract in the finance and banking sector. Located in Germany, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 4.

Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

Original language: German

Der Versicherer gewährt Versicherungsschutz für den Fall, dass versicherte Personen wegen einer bei Ausübung der versicherten Tätigkeit begangenen Pflichtverletzung für einen Vermögensschaden in Anspruch genommen wird. Die hier ausgeschriebenen Exzedenten-Versicherungen sollen an einen Grundvertrag anschließen mit einer Deckungssumme von je 10 Mio. EUR. Die Exzedenten-Versiche-rungen sollen den Versicherungsschutz following form zu den Regelungen des Grund-vertrags bieten sowie über ein entsprechendes Exzedenten-Bedingungswerk einen drop down. Die Deckungsstruktur soll wie folgt aussehen: Bestehender Grundvertrag (D&O-Versicherung): 10 Mio. EUR Los 1: 10 Mio. EUR xs. 10 Mio. EUR (Layer 1) Los 2: 10 Mio. EUR xs. 20 Mio. EUR (Layer 2) Los 3: 10 Mio. EUR xs. 30 Mio. EUR (Layer 3) Gesamtversicherungssumme (bestehender Grundvertrag, Layer 1, Layer 2, Layer 3): 40 Mio. EUR Vertragsdetails sind den Dokumenten "Police des Grundvertrags mit Besonderen Be-dingungen", "Bedingungen Grundvertrag (2025 DUAL-Funk ManagementSecure)" und "Funk D&O-Excedenten Wording" aus der Anlage zu entnehmen.

Data provenance

This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on May 5, 2026. Last refreshed today. Original language: German. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About NBank

NBank has issued 13 procurement notices on BidsFactory, including 0 currently open and 10 awarded contracts. Activity concentrates in Information & Communication Technology, Finance & Banking, and General Supplies & Services. All notices are published for Germany. Notices are distributed via TED - Tenders Electronic Daily (EU) and DÖE Bekanntmachungsservice (Germany). Most recent publication: May 15, 2026.

Frequently asked questions about this tender

Is this tender still open?

No — the contract has already been awarded to AIG Europe S.A., Direktion für Deutschland; XL Insurance Company SE, Diretktion für Deutschland; Berkshire Hathaway International insurance. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by NBank in Germany. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

AIG Europe S.A., Direktion für Deutschland; XL Insurance Company SE, Diretktion für Deutschland; Berkshire Hathaway International insurance was awarded the contract for €48,500. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Germany. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.